BIDDING OPENS in...

Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Vacant

EXCELLENT COMMERCIAL CITY CENTRE INVESTMENT The property comprises a 3rd floor office suite located within Argyll Arcade which is a mixed retail and office development located in the heart of Glasgow

The suite comprises an open plan office area with two private offices. Communal ladies and gents toilet facilities are provided and the building benefits from lift access.

Comprises net internal floor areas, measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) Offices 71.0 sq m (764 sq ft). Realitic rent per annum of up to £9,000.

Relistic rent of up to £750 per calender month would give an annual income of up to £9,000 retuning an EXCELLENT YIELD OF upto 15% if the property is achieved for the guide price.

The area is well connected with Glasgow Queen Street train station, Buchanan Bus Station, Central Station and underground stations all within 5 minutes walk.

EXCELLENT COMMERCIAL CITY CENTRE INVESTMENT The property comprises a 3rd floor office suite located within Argyll Arcade which is a mixed retail and office development located in the heart of Glasgow. The suite comprises an open plan office area with two private offices. Communal ladies and gents toilet facilities are provided and the building benefits from lift access. Relistic rent of up to £750 per calender month would give an annual income of up to £9,000 retuning an EXCELLENT YIELD OF upto 15% if the property is achieved for the guide price. SERVICE CHARGE There is a common service charge payable to the factor. This covers items such as external and common internal repairs, lift maintenance, common lighting and CCTV, buildings insurance etc. RATING ASSESSMENT The valuation role shows a rateable value of £7,300 with effect from 1st April 2023. The Uniform Business Rate for the year 2025/2026 is 49.8p in the £. Water and waste water rates are also payable. The ingoing occupier may qualify for 100% relief through the Small Business Bonus Scheme.

The property is located on the 3rd floor office suite within Argyll Arcade which is a mixed retail and office development located in the heart of Glasgow City Centre. The Category B listed building is accessed from Buchanan Street which is Glasgow’s prime retail and leisure location where many leading retailers and restaurants are located. The area is well connected with Glasgow Queen Street train station, Buchanan Bus Station, Central Station and underground stations all within 5 minutes walk.

Full Address: Suite 3/2 34 Argyll Chambers, Buchanan Street, Glasgow, G2 8BD

Show More

Map & Location

Map   Street View   Satellite

Document Downloads

  Legal Docs (Pending)

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £60,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

View Live Online Auction

Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Submit Offer Now

Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Auction Details

Date & Time: 16 October 2025, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue